TRC20 is a technical standard for tokens built on the TRON blockchain. It defines a common set of rules that all TRON-based tokens must follow, enabling them to interact seamlessly with wallets, decentralized exchanges, and other applications across the TRON ecosystem.
TRC20 and the TRON Blockchain
TRON was founded in 2017 and has grown to host over 200 million active addresses by 2025. The blockchain is designed for high throughput and low fees, processing thousands of transactions per second. TRX is the native currency that powers the network.
TRC20 vs ERC20 Key Differences
- Network: TRC20 runs on TRON; ERC20 runs on Ethereum.
- Fees: TRC20 fees are significantly lower, fractions of a cent vs dollars on Ethereum.
- Speed: TRON confirms blocks in about 3 seconds vs about 12 seconds on Ethereum.
- Address Format: TRC20 addresses start with T; ERC20 addresses start with 0x.
TRON achieved record network revenue of $577 million in Q3 2024, reflecting the massive adoption of TRC20 as the preferred stablecoin transfer layer.
TRC20 Network Data